UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549  FORM 10-Q  |X|   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended: September 30, 2009 or  |_|   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  For the transition period from ________________ to __________________  Commission File Number 333-150630  SECURE WINDOW BLINDS, INC. (Exact name of business issuer as specified in its charter)  Nevada 20-5982715 (State or other jurisdiction of incorporation or organization)   (IRS Employer Identification No.)  112 North Curry Street Carson City, Nevada, 89703 (Address of principal executive offices)  (905) 732-3299 (Registrants telephone number, including area code)  Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes |X| No |   |  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  Large accelerated filer  [  ] Accelerated filer [   ] Non-accelerated filer [   ]  (Do not check if a smaller reporting company) Smaller reporting company [X]  Indicate by check mark whether the registrant is a shell company (as defined in rule 12b-2 of the Exchange Act). Yes [X] No |   |  Indicate the number of shares outstanding of each of the issuers classes of common equity, as of the latest practicable date:  As of October 26, 2009 the registrant had 10,620,000 shares of common stock, $0.001 par value, issued and outstanding.                   SECURE WINDOW BLINDS, INC. (A Development Stage Company)  FINANCIAL STATEMENTS  SEPTEMBER 30, 2009           BALANCE SHEETS  STATEMENTS OF OPERATIONS  STATEMENTS OF CHANGE IN STOCKHOLDERS EQUITY  STATEMENTS OF CASH FLOWS  NOTES TO THE FINANCIAL STATEMENTS         SECURE WINDOW BLINDS, INC. (A Development Stage Company)  BALANCE SHEETS   September 30, 2009
(Unaudited)December 31, 2008ASSETSCURRENT ASSETSCash$
355$
7,019TOTAL ASSETS$
355$
7,019LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)CURRENT LIABILITIESAccounts payable and accrued liabilities$
15,383$
7,100Due to related party5555TOTAL LIABILITIES15,4387,155STOCKHOLDERS EQUITY (DEFICIT )Capital stock  (Note 3)Authorized75,000,000 shares of common stock, $0.001 par value,Issued and outstanding10,620,000 shares of common stock as of September 30, 2009 and December 31, 200810,62010,620Additional paid-in capital14,88014,880Deficit accumulated during the development stage(40,583)(25,636)Total stockholders (deficit)(15,083)(136)TOTAL LIABILITIES AND STOCKHOLDERS EQUITY$
355$
7,019   Going Concern (Note 1)        ______________________ Director   The accompanying notes are an integral part of these financial statements  SECURE WINDOW BLINDS, INC. (A Development Stage Company)  STATEMENTS OF OPERATIONS (Unaudited)  Nine months
ended
September 30, 2009Nine months
ended
September 30, 2008Three months
ended
September 30, 2009Three months
ended
September 30, 2008Cumulative results of operations from November 27, 2006 (date of inception) to September 30, 2009REVENUERevenue$
-$
-$
-EXPENSESOffice and general$
809$
1,165$
196$
109$
5,306Professional fees14,13813,0203,6383,40034,657Total General &
Administration expenses$
14,947$
14,185$
3,834$
3,509$
39,963OTHER INCOME AND (EXPENSES)Exchange Loss-(620)-(494)(620)Total other Income and (Expenses)$
-$
(620)$
-$
(494)$
(620)NET LOSS$
(14,947)$
(14,805)$
(3,834)$
(4,003)$
(40,583)    BASIC AND DILUTED NET
LOSS PER COMMON
SHARE$
0.00$
0.00$
0.00$
0.00WEIGHTED AVERAGE
NUMBER OF BASIC
AND DILUTED COMMON
SHARES OUTSTANDING10,620,0007,152,33610,620,0007,313,696       The accompanying notes are an integral part of these financial statements  SECURE WINDOW BLINDS, INC. (A Development Stage Company)  STATEMENTS OF STOCKHOLDERS EQUITY (DEFICIT) From inception November 27, 2006 to September 30, 2009  (Note 3)
Common StockAdditional Paid in CapitalShare Subscription ReceivableDeficit Accumulated During the Development StageTotalNumber of sharesAmountCommon stock issued for cash at $0.001 per share- December 15, 20067,000,000$    7,000$               -$               -$  7,000- Share Subscription receivable--(7,000)(7,000)Net Loss for the year ended December 31, 2006---(953)(953)Balance, December 31, 20067,000,000$    7,000(7,000)(953)(953)Subscription received March 5, 20077,000-7,000Net Loss for the year ended December 31, 2007---(7,739)(7,739)Balance , December 31, 20077,000,000$   7,000-(8,692)(1,692)Common shares issued for cash at
$0.025 per share620,000$     62014,88015,500Common shares issued for cash at
$0.001 per share3,000,0003,0003,000Net loss for the year ended
December 31, 2008-(16,944)(16,944)Balance , December 31, 200810,620,000$   10,620$   14,880$              -$ (25,636)$          (136)Net loss for the three months ended
September 30, 2009(14,947)(14,947)Balance June 30, 2009 (Unaudited)10,620,000$   10,620$    14,880$              -$     (40,583)$    (15,083)      The accompanying notes are an integral part of these financial statements   SECURE WINDOW BLINDS, INC. (A Development Stage Company)  STATEMENTS OF CASH FLOWS (Unaudited)  Nine months ended
September 30, 2009Nine months
ended September 30, 2008From November 27, 2006 (date of inception) to September 30, 2009CASH FLOWS FROM OPERATING ACTIVITIESNet loss for the period$
(14,947)$
(14,805)$   (40,583)Adjustments to reconcile net loss to net cash used in operating activitiesChanges in operating assets and liabilitiesAccounts payable and accrued liabilities8,2533,20015,383NET CASH PROVIDED BY (USED) IN OPERATING ACTIVITIES(6,664)(11,605)(25,200)CASH FLOWS FROM INVESTING ACTIVIT---CASH FLOWS FROM FINANCING ACTIVITIESIncrease (decrease) in due to related party-2,89555Proceeds from issuance of common stock-15,50025,500NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES-18,39525,555NET INCREASE (DECREASE) IN CASH(6,664)6,790355CASH, BEGINNING OF THE PERIOD7,0193,468-CASH, END OF THE PERIOD$
355$
10,258$     355   Supplemental cash flow information. Cash paid for: Interest$
-$
-$
-  Income taxes$
-$
-$
-   The accompanying notes are an integral partof these financial statements


SECURE WINDOW BLINDS, INC. (A Development Stage Company)  NOTES TO THE FINANCIAL STATEMENTS (Unaudited) SEPTEMBER 30, 2009    NOTE 1  NATURE OF OPERATIONS AND BASIS OF PRESENTATION  Secure Window Blinds, Inc. (the Company) is a private company incorporated on November 27, 2006 under the laws of the State of Nevada and extra-provincially registered under the laws of the Province of Ontario on February 2, 2007. The Company is in the initial development stage and was organized to engage in the business of producing an unique secure window blind.  Going concern  These financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and liabilities in the normal course of business. The Company commenced operations on November 27, 2006 and has not realized revenues since inception. The Company has a deficit accumulated to the period ended September 30, 2009 in the amount of $40,583. The ability of the Company to continue as a going concern is dependent on raising capital to fund its business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Companys ability to continue as a going concern. The Company is funding its initial operations by way of Founders shares. As of September 30, 2009 the Company had issued 10,000,000 founders shares at $0.001 per share for net proceeds of $10,000 to the Company and 620,000 private placement shares at $0.025 per share for net proceeds of $15,500 to the Company.  NOTE 2  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  Organization  The Company was incorporated on November 27, 2006 in the State of Nevada. The fiscal year end of the Company is December 31.  Basis of Presentation  These financial statements are presented in United States dollars and have been prepared in accordance with US generally accepted accounting principles.  Segmented Reporting  SFAS Number 131, Disclosure about Segments of an Enterprise and Related Information, changed the way public companies report information about segments of their business in their quarterly reports issued to shareholders.  It also requires entity-wide disclosures about the products and services the entity provides, the material countries in which it holds assets and reports revenues and its major customers.  For the period ended September 30, 2009, all business operations took place in Ontario, Canada.  7    SECURE WINDOW BLINDS, INC. (A Development Stage Company)  NOTES TO THE FINANCIAL STATEMENTS (Unaudited) SEPTEMBER 30, 2009  NOTE 2  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Comprehensive Loss SFAS No. 130, Reporting Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at September 30, 2009, the Company has no items that represent a comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.  Use of Estimates and Assumptions  Preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period.  Accordingly, actual results could differ from those estimates.  Financial Instruments  All significant financial assets, financial liabilities and equity instruments of the Company are either recognized or disclosed in the financial statements together with other information relevant for making a reasonable assessment of future cash flows, interest rate risk and credit risk. Where practical the fair values of financial assets and financial liabilities have been determined and disclosed; otherwise only available information pertinent to fair value has been disclosed.  Loss per Common Share  Basic earnings (loss) per share includes no dilution and is computed by dividing income (loss) available to common stockholders by the weighted average number of common shares outstanding for the period. Dilutive earnings (loss) per share reflect the potential dilution of securities that could share in the earnings of the Company. Because the Company does not have any potential dilutive securities, the accompanying presentation is only on the basic loss per share.  Income Taxes  The Company follows the liability method of accounting for income taxes.  Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax balances and tax loss carry-forwards.  Deferred tax assets and liabilities are measured using enacted or substantially enacted tax rates expected to apply to the taxable income in the years in which those differences are expected to be recovered or settled.  The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the date of enactment or substantive enactment.           8   SECURE WINDOW BLINDS, INC. (A Development Stage Company)  NOTES TO THE FINANCIAL STATEMENT (Unaudited) SEPTEMBER 30, 2009   NOTE 2  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)  Stock-based Compensation  The Company accounts for stock-based compensation issued to employees based on SFAS No. 123R Share Based Payment. SFAS No. 123R is a revision of SFAS No. 123 Accounting for Stock-Based Compensation, and supersedes APB Opinion No. 25, Accounting for Stock Issued to Employees and its related implementation guidance. SFAS 123R establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services. It also addresses transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entitys equity instruments or that December be settled by the issuance of those equity instruments. SFAS 123R focuses primarily on accounting for transactions in which an entity obtains employee services in share-based payment transactions. SFAS 123R does not change the accounting guidance for share-based payment transactions with parties other than employees provided in SFAS 123 as originally issued and Emerging Issues Task Force Issue No. 96-18, Accounting for Equity Instruments That Are Issued to Other Than Employees for Acquiring, or in Conjunction with Selling, Goods or Services.  SFAS 123R does not address the accounting for employee share ownership plans, which are subject to AICPA Statement of Position 93-6, Employers Accounting for Employee Stock Ownership Plans.  SFAS 123R requires an entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized over the period during which an employee is required to provide service in exchange for the award  the requisite service period (usually the vesting period). SFAS 123R requires that the compensation cost relating to share-based payment transactions be recognized in financial statements. That cost will be measured based on the fair value of the equity or liability instruments issued. The scope of SFAS 123R includes a wide range of share-based compensation arrangements including share options, restricted share plans, performance-based awards, share appreciation rights, and employee share purchase plans.  As at September 30, 2009 the Company had not adopted a stock option plan nor had it granted any stock options.  Accordingly no stock-based compensation has been recorded to date.  Recent Accounting Pronouncements  SFAS 168 - In June 2009, the FASB issued SFAS No. 168, The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles  a replacement of FASB Statement No. 162. The FASB Accounting Standards Codification (Codification) will become the source of authoritative U.S. generally accepted accounting principles (GAAP) recognized by FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. On the effective date of this statement, the Codification will supersede all then-existing non-SEC accounting and reporting standards. All other non-grandfathered non-SEC accounting literature not included in the Codification will become non-authoritative. This statement is effective for financial statements issued for interim and annual periods ending after September 30, 2009. The adoption of this statement is not expected to have a material effect on the Companys financial statements.     9    SECURE WINDOW BLINDS, INC. (A Development Stage Company)  NOTES TO THE FINANCIAL STATEMENT (Unaudited) SEPTEMBER 30, 2009   NOTE 2  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) SFAS 167 - In June 2009, the FASB issued SFAS No. 167, Amendments to FASB Interpretation No. 46(R). The objective of this statement is to improve financial reporting by enterprises involved with variable interest entities. This statement addresses (1) the effects on certain provisions of FASB Interpretation No. 46 (revised December 2003), Consolidation of Variable Interest Entities, as a result of the elimination of the qualifying special-purpose entity concept in SFAS No. 166, Accounting for Transfers of Financial Assets, and (2) concern about the application of certain key provisions of FASB Interpretation No. 46(R), including those in which the accounting and disclosures under the Interpretation do not always provide timely and useful information about an enterprises involvement in a variable interest entity. This statement is effective as of the beginning of each reporting entitys first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period, and for interim and annual reporting periods thereafter. Earlier application is prohibited. The adoption of this statement is not expected to have a material effect on the Companys financial statements.  SFAS 166 - In June 2009, the FASB issued SFAS No. 166, Accounting for Transfers of Financial Assets  an amendment of FASB No. 140. The object of this statement is to improve the relevance, representational faithfulness, and comparability of the information that a reporting entity provides in its financial statements about a transfer of financial assets; the effects of a transfer on its financial position, financial performance, and cash flows; and a transferors continuing involvement, if any, in transferred financial assets. This statement addresses (1) practices that have developed since the issuance of SFAS No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, that are not consistent with the original intent and key requirements of that statement and (2) concerns of financial statement users that many of the financial assets (and related obligations) that have been derecognized should continue to be reported in the financial statements of transferors. SFAS No. 166 must be applied as of the beginning of each reporting entitys first annual reporting period that begins after November 15, 2009, for interim periods within that first annual reporting period and for interim and annual reporting periods thereafter. Earlier application is prohibited. This statement must be applied to transfers occurring on or after the effective date. Additionally, on and after the effective date, the concept of a qualifying special-purpose entity is no longer relevant for accounting purposes. The disclosure provisions of this statement should be applied to transfers that occurred both before and after the effective date of this statement. The adoption of this statement is not expected to have a material effect on the Companys financial statements.  SFAS 165 - In May 2009, the FASB issued SFAS No. 165, Subsequent Events.(SFAS No. 165) This Statement establishes general standards of accounting for and disclosures of events that occur after the balance sheet date but before financial statements are issued or are available to be issued.  It requires the disclosure of the date through which an entity has evaluated subsequent events and the basis for that date and is effective for interim and annual periods ending after June 15, 2009.  We are currently assessing the impact of the adoption of SFAS 165, if any, on our financial position, results of operations or cash flows.  In September 2008, the FASB issued FASB Staff Position EITF 03-6-1, Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities, (FSP EITF 03-6-1). FSP EITF 03-6-1 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting, and therefore need to be included in the computation of earnings per share under the two-class method as described in FASB Statement of Financial Accounting Standards No. 128, Earnings per Share. FSP EITF 03-6-1 is effective for financial statements issued for fiscal years beginning on or after December 15, 2008 and earlier adoption is prohibited. We are not required to adopt FSP EITF 03-6-1; neither do we believe that FSP EITF 03-6-1 would have material effect on our financial positionand results of operations if adopted.  10    SECURE WINDOW BLINDS, INC. (A Development Stage Company)  NOTES TO THE FINANCIAL STATEMENTS (Unaudited) SEPTEMBER 30, 2009   NOTE 2  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)  In May 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts-and interpretation of FASB Statement No. 60.  SFAS No. 163 clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement of premium revenue and claims liabilities. This statement also requires expanded disclosures about financial guarantee insurance contracts. SFAS No. 163 is effective for fiscal years beginning on or after December 15, 2008, and interim periods within those years. SFAS No. 163 has no effect on the Companys financial position, statements of operations, or cash flows at this time.  In May 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles.  SFAS No. 162 sets forth the level of authority to a given accounting pronouncement or document by category. Where there might be conflicting guidance between two categories, the more authoritative category will prevail. SFAS No. 162 will become effective 60 days after the SEC approves the PCAOBs amendments to AU Section 411 of the AICPA Professional Standards. SFAS No. 162 has no effect on the Companys financial position, statements of operations, or cash flows at this time.  In March 2008, the Financial Accounting Standards Board, or FASB, issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activitiesan amendment of FASB Statement No. 133.  This standard requires companies to provide enhanced disclosures about (a) how and why an entity uses derivative instruments, (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations, and (c) how derivative instruments and related hedged items affect an entitys financial position, financial performance, and cash flows. This Statement is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008, with early application encouraged. The Company has not yet adopted the provisions of SFAS No. 161, but does not expect it to have a material impact on its financial position, results of operations or cash flows.  In December 2007, the SEC issued Staff Accounting Bulletin (SAB) No. 110 regarding the use of a "simplified" method, as discussed in SAB No. 107 (SAB 107), in developing an estimate of expected term of "plain vanilla" share options in accordance with SFAS No. 123 (R), Share-Based Payment.  In particular, the staff indicated in SAB 107 that it will accept a company's election to use the simplified method, regardless of whether the company has sufficient information to make more refined estimates of expected term. At the time SAB 107 was issued, the staff believed that more detailed external information about employee exercise behavior (e.g., employee exercise patterns by industry and/or other categories of companies) would, over time, become readily available to companies. Therefore, the staff stated in SAB 107 that it would not expect a company to use the simplified method for share option grants after December 31, 2007. The staff understands that such detailed information about employee exercise behavior may not be widely available by December 31, 2007. Accordingly, the staff will continue to accept, under certain circumstances, the use of the simplified method beyond December 31, 2007. The Company currently uses the simplified method for plain vanilla share options and warrants, and will assess the impact of SAB 110 for fiscal year 2009. It is not believed that this will have an impact on the Companys financial position, results of operations or cash flows.          11   SECURE WINDOW BLINDS, INC. (A Development Stage Company)  NOTES TO THE FINANCIAL STATEMENTS (Unaudited) SEPTEMBER 30, 2009   NOTE 2  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)  In December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statementsan amendment of ARB No. 51.  This statement amends ARB 51 to establish accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary. It clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial statements. Before this statement was issued, limited guidance existed for reporting noncontrolling interests. As a result, considerable diversity in practice existed. So-called minority interests were reported in the consolidated statement of financial position as liabilities or in the mezzanine section between liabilities and equity. This statement improves comparability by eliminating that diversity. This statement is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2008 (that is, January 1, 2009, for entities with calendar year-ends). Earlier adoption is prohibited. The effective date of this statement is the same as that of the related Statement 141 (revised 2007). It is not believed that this will have an impact on the Companys financial position, results of operations or cash flows.  In December 2007, the FASB, issued FAS No. 141 (revised 2007), Business Combinations.  This Statement replaces FASB Statement No. 141, Business Combinations, but retains the fundamental requirements in Statement 141.  This Statement establishes principles and requirements for how the acquirer: (a) recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree; (b) recognizes and measures the goodwill acquired in the business combination or a gain from a bargain purchase; and (c) determines what information to disclose to enable users of the financial statements to evaluate the nature and financial effects of the business combination. This statement applies prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008. An entity may not apply it before that date. The effective date of this statement is the same as that of the related FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements.  It is not believed that this will have an impact on the Companys financial position, results of operations or cash flows.     NOTE 3  STOCKHOLDERS EQUITY  The stockholders equity section of the Company contains the following classes of Capital Stock as of September 30, 2009  · Common stock, $0.001 par value: 75,000,000 shares authorized: 10,620,000 shares issued and outstanding  On December 15, 2006, the Company issued 7,000,000 common shares at $0.001 per share to the sole director and President of the Company for cash proceeds of $7,000. On May 12, 2008, the Company issued 3,000,000 common shares at $0.001 per share to the sole director and President of the Company for cash proceeds of $3,000. From September to August, 2008, the Company issued 620,000 shares private placement stock at $0.025 per share for net proceeds to the company of $15,500.         12   SECURE WINDOW BLINDS, INC. (A Development Stage Company)  NOTES TO THE FINANCIAL STATEMENTS (Unaudited) SEPTEMBER 30, 2009    NOTE 4  RELATED PARTY TRANSACTIONS  On December 15, 2006 the Company issued 7,000,000 shares of common stock at $0.001 per share to its sole director and President of the Company for cash proceeds of $7,000.  On May 12, 2008 the Company issued 3,000,000 shares of common stock at $0.001 per share to its sole director and President of the Company for cash proceeds of $3,000.  As at September 30, 2009 the Company has a shareholders loan in the amount of $55 owed to the President of the Company.   The amounts due to the related party are unsecured and non interest-bearing with no set terms of repayment.  NOTE 5 INCOME TAXES  The Company has adopted the FASB No. 109 for reporting purposed. As of September 30, 2009 the Company had net operating loss carry forwards of approximately $40,853 that may be available to reduce future years taxable income and will expire beginning in 2026. Availability of loss usage is subject to change of ownership limitations under Internal Revenue Code 382. Future tax benefits which December arise as a result of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the future tax loss carryforwards.  13   ITEM 2: MANAGEMENT DISCUSSION AND ANALYSIS OR PLAN OF OPERATION  Overview  Secure Window Blinds, Inc. (Secure Window Blinds the Company, we, us) is a development stage company, incorporated on November 27, 2006, in the State of Nevada.  We intend to offer a unique window blind system, which, in addition to having all the functionality of an ordinary venetian blind, it will also be a home security device by making any window impenetrable.  We did not generate any revenue during the quarters ended September 30, 2009.  Total expenses for the three months ending September 30, 2009 were $3,834 resulting in an operating loss for the fiscal quarter of $3,834. The operating loss for the three month period ending September 30, 2009 is a result of professional fees of $3,638, office and general expenses of $196.  As of September 30, 2009 our President has advanced $55 to the Company. This amount is unsecured, non-interest bearing and without specific terms of repayment.  As at September 30, 2009 we had $355 available in cash and accounts payable of $15,383.  Our auditors have issued a going concern opinion.  This means that there is substantial doubt that we can continue as an ongoing business for the next twelve months unless we obtain additional capital to pay our bills.  Additional capital is required because we have not generated any revenues and no revenues are anticipated until we begin operations.  Accordingly, we must raise cash and our only sources of cash at this time are advances from our officer and director and investments made by others through sale of our common equity or from operating loans.  We expect that our current cash and cash equivalents and cash generated from financing activities will be insufficient to satisfy our liquidity requirements for the next 12 months. We will also be incurring professional and administrative expenses as well expenses associated with maintaining our SEC filings. We will require additional funds during this time and will seek to raise the necessary additional capital.  If we are unable to obtain additional financing, we may be required to reduce the scope of our business development activities, which could harm our business plans, financial condition and operating results.  Additional funding may not be available on favorable terms, if at all.  Plan of Operation  In our initial stage of operation we plan to build a manual secure blind prototype that will demonstrate the products features and functions. If sufficient financing is available we also plan to develop a motorized version of the window blind which could possibility be integrated into home alarm and security systems.  The cost of product development is estimated at $27,000  Once the prototypes have been built, we then intend to arrange for a suitable location from which to manufacture our window blinds and then purchase the necessary material and machinery to cut and paint the slats. The cost of the required machinery will be approximately $15,000  Once our product is ready for manufacturing we will initiate our marketing campaign.  We intend to market our window blinds using an Internet website to showcase the products and establish a sales portal.  The marking plan also includes contacting and negotiating exclusive partnerships with home security and insurance companies; attend trade shows; distribute flyers and place advertisements in newspapers and magazines.  Our sales and marketing activity is anticipated to cost approximately $30,000.   14   We do not expect to be hiring any employees until the prototypes have been developed and the window blind has been made.  Off Balance Sheet Arrangements  As of the date of this quarterly report, the current funds available to the Company will not be sufficient to continue operations. The cost to maintain the Company and begin operations has been estimated at $72,000 over the next twelve months and the cost of maintaining our reporting status is estimated to be $15,000 over the same period. Our officer and director, Mr. Pizzacalla has undertaken to provide the Company with operating capital to sustain our business during this twelve month period, as the expenses are incurred, in the form of a non-secured loan. However, there is no contract in place or written agreement securing this undertaking.  Management believes if the Company cannot raise sufficient revenues or maintain our reporting status with the SEC we will have to cease all efforts directed towards the Company.  There are no other off-balance sheet arrangements currently contemplated by management or in place that are reasonably likely to have future effect on the business, financial condition, revenue or expenses and/or result of operations.  ITEM 3. QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK  We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.  Item 4T. Controls and Procedures  Our management is responsible for establishing and maintaining adequate internal control over financial reporting for the Company.  Internal control over financial reporting is to provide reasonable assurance regarding the reliability of our financial reporting for external purposes in accordance with accounting principles generally accepted in the United States of America.  Internal control over financial reporting includes maintain records that in reasonable detail accurately and fairly reflect our transactions; providing reasonable assurance that transactions are recorded as necessary for preparation of our financial statements; providing reasonable assurance that receipts and expenditures of company assets are made in accordance with management authorization; and providing reasonable assurance that unauthorized acquisition , use or disposition of company assets that could have a material effect on our financial statements would be prevented or detected.  Management conducted an evaluation of our internal control over financial reporting as such term is defined in Exchange Act Rule 13a-15(f).  Management conducted the evaluation of the effectiveness of our internal control over financial reporting as of September 30, 2009 based on the framework in Internal Control  Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission.  Based on this evaluation, management concluded that the Companys internal control over financial reporting was effective as of September 30, 2009  There were no changes in our internal control over financial reporting during the period ended September 30, 2009 that have materially affected, or are reasonably likely to materially affect, or are reasonably likely to affect, our internal control over financial reporting.   15   PART II. OTHER INFORMATION  ITEM 1. LEGAL PROCEEDINGS  The Company is not a party to any pending legal proceedings, and no such proceedings are known to be contemplated.  No director, officer, or affiliate of the Company and no owner of record or beneficial owner of more than 5.0% of the securities of the Company, or any associate of any such director, officer or security holder is a party adverse to the Company or has a material interest adverse to the Company in reference to pending litigation.  ITEM 1A.  RISK FACTORS  We are a smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934 and are not required to provide the information under this item.  ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS  None.  ITEM 3. DEFAULTS UPON SENIOR SECURITIES  None.  ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS  None.  ITEM 5. OTHER INFORMATION  None  ITEM 6. EXHIBITS  31.1 Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer 31.2 Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer * 32.1 Section 1350 Certification of Chief Executive Officer 32.2 Section 1350 Certification of Chief Financial Officer **  *     Included in Exhibit 31.1 **    Included in Exhibit 32.1     16   SIGNATURES  Pursuant to the requirements of the Exchange Act or 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.  Secure Window Blinds, Inc.   BY:      /s/ Anthony Pizzacalla ---------------------- Anthony Pizzacalla  President, Secretary Treasurer, Principal Executive Officer, Principal Financial Officer and Director  Dated:  October 30, 2009   17